Sage Software Launches Peachtree by Sage Premium Accounting 2006 for Manufacturing and Peachtree by Sage Premium Accounting 2006 for Distribution

Market Wire, June, 2005

Sage Software today announced the general availability of its Peachtree 2006 product line, including new versions of Peachtree by Sage Premium Accounting for Manufacturing and Peachtree by Sage Premium Accounting for Distribution. These products, targeted to small manufacturers and wholesale distributors, provide companies in both industries with the business management tools they need to achieve their short- and long-term goals, and are the entry step for manufacturers and distributors into the Sage Software family of products.

The two products combine manufacturing- and distribution-specific functionality with the powerful accounting tools available in Peachtree Premium Accounting to create an ideal solution for small manufacturers and distributors. New capabilities in the 2006 versions include improvements around reporting and inventory tracking as well as additional features for more efficient assembly processing.

"For small manufacturers and distributors, knowledge of inventory levels and easy access to that data is critical for managing cash flow, success, and growth," said Jim Portner, vice president of product management, Sage Software. "Peachtree Premium for Manufacturing and Peachtree Premium for Distribution help our customers to accomplish those tasks, manage cash flow and stay ahead of the game."

Some of the new features available for 2006 include:

--  Enhanced Customer and Vendor Management: Management Detail Reports and
    Transaction History Reports are included for both vendors and customers, so
    that companies can gain more control over their payables and receivables.

--  Enhanced Bill Of Materials (BOM) Processing: Companies can now create
    and manage complex Bill of Materials (BOM) with sub-assemblies of up to 300
    components,

--  Store 20 "Ship To" or "Remit To" Addresses: Shipping made simple and
    accurate. With this new feature, companies can now store up to 20 addresses
    for each customer or vendor.

--  More Professional Looking Forms: New designs, fonts, spacing, and
    other enhancements enable creation of more professional invoices, quotes,
    and other forms.

--  Extra Part Number Storage: Companies can now order and sell by vendor
    part numbers in addition to their own internal numbering, if there is a
    difference.

--  Rapid Access Reports: Small businesses can save time by running key
    reports from the most frequently used screens such as invoicing and
    purchasing.

--  Duplicate Reference Number Warning: Peachtree will warn when users try
    to enter a duplicate reference number on a quote, invoice, and credit memo
    or purchase order.
    

Providing additional time savings, new Online Banking(1) capabilities enable companies to reconcile bank accounts quickly and easily by importing bank statements into Peachtree. This integrated approach eliminates the need for double data entry and reduces error potential.

Growing companies recognize Peachtree as a powerful tool to help them manage current and future growth, and Sage Software offers the assistance they need to manage that growth. Earlier this spring, the company announced the Peachtree Third Party Add-On Program, extending the functionality of the Peachtree product line through integrated third-party solutions, such as Barcode Wizard from Wizard Business Systems. A fully integrated add-on for Peachtree Premium Accounting, Barcode Wizard helps to promote accuracy in shipping and receiving departments by providing barcode scanning capabilities. Barcode Wizard gives users the flexibility to manage physical inventory in the warehouse and update Peachtree upon returning to their workstations. Also available as an integrated Peachtree add-on is eBridge, from eBridge Software. eBridge for Peachtree helps small manufacturers and distributors achieve an EDI integration solution and compliance. It bridges the gap between information exchanged with their business partners and Peachtree. Bi-directional data synchronization is fast, automatic, and accurate, saving them time and money.

Through the Third Party Add-On Program, developers can further extend the capabilities of Peachtree through additional integrated applications, to help businesses as their needs change. As small manufacturers and distributors grow further and require additional scalability, there is also a clear migration path available for them up to the company's MAS 90, MAS 200 and MAS 500 products.

Pricing and Availability

Peachtree Premium Accounting for Manufacturing 2006 and Peachtree Premium Accounting for Distribution 2006 are currently available direct from Sage Software. Single user versions are available for $599; Multi-user (5-seat licenses) are available for $1199. For more information on these and other products in the 2006 line, or the Peachtree Third Party Partner Program, please call 877-495-9904 or visit www.peachtree.com.

About Sage Software (formerly Best Software)

Sage Software offers leading business management products and services that support the needs, challenges and dreams of more than 2.4 million small and mid-sized customers in North America. Its parent company, The Sage Group plc (LSE: SGE.L), supports 4.5 million customers worldwide. For more than 25 years, Sage Software has delivered easy-to-use, scalable and customizable applications through its portfolio of leading brands, including Abra, ACCPAC, ACT!, BusinessWorks, CPASoftware, FAS, MAS 90, MAS 200, MAS 500, MIP, Peachtree, SalesLogix and Timberline Office, among many others. For more information, please visit the Web site at www.bestsoftware.com/moreinfo or call (866) 308-BEST.